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New Deal


Announced

Completed

White Bridge-backed Alpha Test completed the acquisition of Boolean and 700+ Club.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

Completed

Acquisition

Private Equity

Private

Tech Services

Digital Services

Single Bidder

Italy

Majority

Domestic

Synopsis

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White Bridge-backed Alpha Test, a provider of examination services, completed the acquisition of Boolean, a provider of online tech services, and 700+ Club. Financial terms were not disclosed. Alpha Test is a leader in the field of education and testing for admission to Universities. Boolean is extremely strong in the digital field and a edu-tech champion in the coding field: its courses are guaranteed to teach students full-stack web development in a matter of few months and more than 95% of its students find a job within six months of the end of their courses.

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